Solana Smashes Back to $200, Could New Highs Be Next?
Main Idea
Solana (SOL) has surpassed the $200 mark for the first time since June 6th, with significant gains and increased market interest, potentially targeting $220 next.
Key Points
1. Solana (SOL) reclaimed the $200 mark for the first time since June 6th, adding nearly 50% in gains.
2. Analysts suggest $220 could be the next major target for SOL, comparing its significance to Ethereum's $4,000 level during its rally.
3. Digital Asset Capital Corp (DFDV) expanded its Solana holdings to nearly one million SOL, worth around $190 million, including staking rewards and DeFi earnings.
4. MemeStrategy became the first publicly listed company in Hong Kong to invest in Solana.
5. The long-term outlook for SOL is supported by its two-month performance and comparisons to Ethereum's earlier market-leading gains.
Description
Solana (SOL) has reclaimed the $200 mark for the first time since June 6th. The fifth-largest crypto by market cap has added almost 50% gains over the past month alone. The latest uptick has sparked a surge in crowd interest. Is $220 the Next Stop? While temporary re-tests of this level are likely, crypto analytic platform Santiment noted that the long-term outlook is supported by SOL’s two-month high in development activity. According to the analytics firm, SwissBlock’s latest market report, ‘A...
Latest News
- FARTCOIN Rally Ahead? Key Level Flipped, $2.70 in Sight2025-07-22 18:15:55
- Max Keiser Blasts Trump’s $2B Bitcoin Play: ‘He’s Front Running Americans’2025-07-22 17:19:26
- Binance Altcoin Volume Spikes — Is This the Start of Altseason?2025-07-22 15:59:02
- PUMP Price Crashes Below Key Level, More Pain Ahead?2025-07-22 15:51:35
- World-First: Republic and Mawari Enable US Node Sale via Licensed Broker2025-07-22 14:36:26